Basics of Accounting

Financial Managment
Presenter:
Kess Lusia
Second Presenter:
Event Date
October 24, 2022
Start Time:
6:30 pm
Location:
A.T. Illidge Road #60, Philipsburg, St. Maarten
Total Hours:
2.0
Sessions:
1

Welcome to the world of Accounting! This workshop split in two parts will serve as an introductory lesson to Accounting and enables students to compile their very first financial statements.

For every topic, we will be practicing what we’ve learned with the use of practical examples! Questions are welcomed during the entire presentation and encouraged in order to make the experience as interactive as possible. Let’s have fun!

In this class/ workshop we’ll be discuss the following topics:

- Introduction

- Who am I? (Background information on the lecturer; Kess Lusia)

- What is Accounting?

- Why is Accounting Important?

- The Accounting Equation

- What is a balance sheet?

- What is an income statement?

- The general ledger and trial balance

- Compiling our very first financial statement

- Baker Tilly Services

- Closing presentation / any other Q&A

LEARNING OUTCOMES (competencies)

At the end of this course, participants will be able to:

• Record financial transactions

• Compiling a basic financial statement depicting their firm’s situation

• Understanding a financial statement and making decisions based on what we see in a financial statement

Register now